The CRE Investment & Development Team | Royal LePage Commercial, in partnership with The Pezzente Group, is proud to present an exceptional opportunity. You can now acquire a prime commercial NNN investment in one of Canada’s top retail markets—the heart of Yaletown, Downtown, Vancouver.
Location Overview
Situated on Pacific Blvd, this remarkable 910 SF retail space is positioned in one of Vancouver’s most vibrant and high-traffic areas. Yaletown stands out for its luxury residences, thriving business environment, and a unique mix of high-end retailers, top-tier restaurants, and prominent corporate tenants. With impressive pedestrian and vehicle exposure, this location is recognized as a lucrative retail hotspot within a highly sought-after investment market in Canada.
Property Details
The property is tenanted by the Royal Bank of Canada (RBC), which is Canada’s largest bank. It operates under a long-term net lease agreement, which brings stability and peace of mind to investors. RBC covers all operating costs, while the professionally managed strata guarantees a hassle-free investment experience.
Address: 1189 Pacific Blvd, Vancouver
Building Size: 910 SF
Tenancy: RBC - NNN
Lease Term: Expires 2028 with a 5-year option
Parking: 2 stalls
Price: $2,988,000
Why This Property?
AAA Location
Located in the core Yaletown retail corridor, this property boasts an AAA location that attracts high foot traffic throughout the year. The vibrant neighborhood draws both locals and tourists alike.
High-Profile Tenant
This property provides stability with RBC as the anchor tenant. Investors can enjoy peace of mind knowing that they are partnered with a trusted and well-established institution.
Long-Term Lease
The reliable cash flow from a long-term lease is a significant advantage. With the lease expiring in 2028 and a 5-year option, this investment ensures continued revenue over the years.
Low-Maintenance Investment
Invest in a low-maintenance asset with a fully net lease. RBC covers all costs, making this property an attractive option for investors seeking a hassle-free experience.
Exceptional Upside
This is a rare opportunity in a high-demand market. The potential for appreciation in value adds an exceptional upside for future growth.
This property represents a low-risk, high-quality asset located in an elite retail location. It is ideal for investors hunting for strong, stable returns. Don’t miss out on this exclusive opportunity to elevate your investment portfolio.
Next Steps
For more information, please contact Raman Bayanzadeh or Pouria Nikravan. They are available for more details or to discuss this incredible investment opportunity.
This investment is perfect for anyone looking to enter the commercial real estate market, especially in such a prime location. Take advantage of this unique chance to enhance your portfolio and secure long-term financial benefits.
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